Charlie will produce Space Jam 2, with Willie writing. The movie’s in the early stages, so James will have plenty of time to heal from that broken nose he just received from Serge Ibaka during the game against OKC.

IGN says This is the first major film deal for Charlie Ebersol, who previously has produced unscripted TV and the acclaimed documentary Ithuteng: While James will be at the center of the film, it’s expected that, like in the original Michael Jordan Space Jam, other NBA stars will also appear.

Space Jam was a hit in 1996, earning $230M worldwide. Still, 18 years is a very long time to make a sequel. It’s especially amusing that Warner Bros. also announced a release date today for The LEGO Movie 2, which opened just two weeks ago.